Romano Brothers AND Company Sells 265 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Romano Brothers AND Company reduced its stake in Carlisle Companies Incorporated (NYSE:CSL) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,878 shares of the conglomerate’s stock after selling 265 shares during the quarter. Romano Brothers AND Company’s holdings in Carlisle Companies were worth $2,168,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSL. Resonant Capital Advisors LLC lifted its holdings in shares of Carlisle Companies by 3.4% in the third quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate’s stock valued at $332,000 after purchasing an additional 24 shares in the last quarter. Tributary Capital Management LLC raised its position in Carlisle Companies by 1.1% in the 3rd quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate’s stock valued at $1,023,000 after buying an additional 24 shares during the last quarter. Diversify Advisory Services LLC lifted its stake in Carlisle Companies by 1.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate’s stock valued at $719,000 after acquiring an additional 25 shares in the last quarter. Equitable Trust Co. boosted its position in Carlisle Companies by 0.3% during the 3rd quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate’s stock worth $3,874,000 after acquiring an additional 25 shares during the last quarter. Finally, Metis Global Partners LLC grew its stake in shares of Carlisle Companies by 5.2% during the 3rd quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate’s stock worth $273,000 after acquiring an additional 30 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $400.46 on Friday. Carlisle Companies Incorporated has a twelve month low of $302.08 and a twelve month high of $481.26. The company has a market cap of $18.15 billion, a PE ratio of 14.17, a price-to-earnings-growth ratio of 1.09 and a beta of 0.96. The business’s 50 day moving average price is $411.47 and its two-hundred day moving average price is $420.53. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the firm posted $4.68 earnings per share. The firm’s revenue was up 5.9% compared to the same quarter last year. On average, analysts predict that Carlisle Companies Incorporated will post 20.23 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend was Friday, November 15th. Carlisle Companies’s dividend payout ratio is presently 14.15%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CSL shares. Loop Capital decreased their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research report on Friday, January 10th. Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. The Goldman Sachs Group reduced their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Truist Financial started coverage on Carlisle Companies in a research note on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective on the stock. Finally, Robert W. Baird decreased their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Buying and Selling

In related news, VP David W. Smith sold 275 shares of Carlisle Companies stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,256,623.94. This trade represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.50% of the stock is currently owned by insiders.

Carlisle Companies Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.